Lexus Products, Inc., has its factory divided into three departments, with individual factory overhead rates for each department. In each department, all the operations are sufficiently alike for the department to be regarded as a cost center. The estimated monthly factory overhead for the departments is as follows: Forming, $64,000; Shaping, $36,000; and Finishing, $10,080. The estimated production data include the following:

The job cost ledger shows the following data for GS300, which was completed during the month:

Required:
Determine the cost of GS300. Assume that the factory overhead is applied to production orders, based on the following:
1. Direct labor cost
2. Direct laborhours

Transcribed Image Text:

Forming Shaping Finishing Materials used.$20,000 $10,000 $10,000 $16,000 $15,000 8,400 350 Direct labor hours. 800 500 Materials used Direct labor cost Direct labor hours... $120 $220 12 Forming Shaping Finishing $140 $270 $120 $240 10